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FYI

Luminate Data Market Watch Facts & Figures: May 25th, 2023

Here is this week's Luminate Data Market Watch report which features Canadian music stats for the current week and YTD with comparisons to last year. This chart is published every Tuesday.

Luminate Data Market Watch Facts & Figures: May 25th, 2023

By External Source

Here is this week's Luminate Data Market Watch report which features Canadian music stats for the current week and YTD with comparisons to last year. This chart is published every Tuesday. The abbreviation "TEA" is a term used to describe the sale of music downloads or singles. A track equivalent album is equal to 10 tracks, or 10 songs.


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SOCAN Teams With Musical AI to Offer 'Consent Management and Attribution' Tools For Generative AI Music
Photo by James Stamler on Unsplash
Tech

SOCAN Teams With Musical AI to Offer 'Consent Management and Attribution' Tools For Generative AI Music

The Canadian rights company will use the technology to provide tools for its members to control how their works are used and compensated in the world of AI.

SOCAN is teaming with Musical AI, a Canadian rights management technology company to provide tools for attribution, compensation and consent for generative AI outputs.

“As AI reshapes the music industry, music creators must have transparency, credit and fair compensation,” says Jennifer Brown, CEO of SOCAN. “SOCAN’s role is to protect the rights and livelihoods of songwriters, composers and music publishers. This collaboration with Musical AI establishes a foundation for attribution and compensation, to ensure that music creators are paid when their music is used by AI.”

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